Marketplace Morning Report®

Marketplace Morning Report for Thursday, April 26, 2012

The Federal Reserve is not taking any major new steps to help the economy at this time -- but it will spring into action if there's another slowdown. US Airways is trying to buy the bankrupt American Airlines, and it's making a lot of promises -- but can it keep them if the merger goes through? Pepsico is reporting earnings today, and as the cost of ingredients rises, one factory is looking towards sustainability to save dough. And Burger King says that within the next five years, it will buy only cage-free eggs and pork.

From this Episode

It's rumored that US Airways may soon merge with the bankrupt parent company of American Airlines. Mergers usually bring promises of frequent flier guarantees and hub airport assurances, but do they actually happen?

FIAT's profit report came out today and it shows that the Chrysler group generated its biggest profit since its 2009 bankruptcy. A lot of Chryslers are selling in the U.S. more than compensating for quieter showrooms in Europe, where the financial crisis has been dampening things.

The job placement company Challenger, Gray, and Christmas is predicting that teens will have an easier time finding jobs this summer. Employment in this age group won't be back to pre-recession levels, but nothing like the summer of 2010 where youth employment had fell to a 60 year low.

The Federal Reserve has upgraded its forecast for the U.S. economy in 2012 but also downgraded its outlooks for 2013 and 2014. There are worries the U.S. could fall back into recession just like the U.K. did.

The Federal Reserve is not taking any major new steps to help the economy at this time -- but it will spring into action if there's another slowdown. US Airways is trying to buy the bankrupt American Airlines, and it's making a lot of promises -- but can it keep them if the merger goes through? PepsiCo is reporting earnings today, and as the cost of ingredients rises, one factory is looking towards sustainability to save dough. And Burger King says that within the next five years, it will buy only cage-free eggs and pork.